2022
Exports
$544World Rnk 130 / 152
Flag Rnk 519 / 652
2022
PRODUCT COMPLEXITY IN Seed Oils
-0.99Rnk 836 / 1025
2022
Imports
$16.5MWorld Rnk 92 / 211
Flag Rnk 86 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $544 in Seed Oils, making it the 130th largest exporter of Seed Oils in the world. At the same year, Seed Oils was the 519th most exported product in Mongolia. The main destination of Seed Oils exports from Mongolia are: Russia ($544).

The fastest growing export markets for Seed Oils of Mongolia between N/A and 2022 were Russia ($544).

Imports In 2022, Mongolia imported $16.5M in Seed Oils, becoming the 92nd largest importer of Seed Oils in the world. At the same year, Seed Oils was the 86th most imported product in Mongolia. Mongolia imports Seed Oils primarily from: Russia ($15.8M), Ukraine ($362k), Kazakhstan ($190k), China ($68.6k), and Germany ($19.4k).

The fastest growing import markets in Seed Oils for Mongolia between 2021 and 2022 were Russia ($3.62M), Kazakhstan ($190k), and Poland ($12.4k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Seed Oils. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$544
IMPORTS (2022)$16.5M
NET TRADE (2022)-$16.5M

In 2022, Mongolia exported $544 in Seed Oils. The main destinations of Mongolia exports on Seed Oils were Russia ($544).

In 2022, Mongolia imported $16.5M in Seed Oils, mainly from Russia ($15.8M), Ukraine ($362k), Kazakhstan ($190k), China ($68.6k), and Germany ($19.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Seed Oils EXPORT MARKETS FOR Mongolia WERE (N/A - 2022):Russia$544 (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Mongolia's main exporting competitors in Seed Oils were:
Ukraine $5.54B
Russia $3.01B
Turkey $1.88B
In 2022, Mongolia's main importing competitors in Seed Oils were:

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Trade Value of Seed Oils by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $934
TOP IMPORT POTENTIALUkraine+ $672k

Seed Oils’s highest export potential is China. With an export gap of $934.   Seed Oils’s highest import potential is Ukraine with an import gap of $672k.

See methodology.

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